Trade Management Reconciliation Services Senior Analyst at NNBI Holdings Pty Ltd

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

95000.0

Posted On

13 Mar, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trade Management, Reconciliation, Cashflow Oversight, Fixed Income, Equity Portfolios, Order Management System, OMS, Trade Lifecycle, Discrepancy Resolution, Custodian Banks, Trade Breaks, Portfolio Readiness, Process Automation, MS Office, Excel, Problem-Solving

Industry

Financial Services

Description

The Trade Management Team within Neuberger Berman Middle Office provides support for both Fixed Income and Equity Investment Teams, managing over $90 billion in AUM. This team manages all aspects of the trade lifecycle—including confirmation, settlement, discrepancy resolution, and new account onboarding—for global and domestic portfolios. A key focus for the Sr. Analyst will be oversight of daily internal cashflows, particularly for Equity portfolios, but with cross-coverage for Fixed Income portfolios as well. The team is responsible for ensuring that all cashflow activity and related data are accurately and timely loaded into the Order Management System (OMS) each day. This position supports a rapidly growing business and requires close interaction with trading desks and other internal stakeholders. The role requires strong attention to detail, process orientation, and the ability to ensure accuracy and timeliness of all system entries. The ideal candidate is highly detail-oriented, technology savvy, able to meet daily deadlines, and comfortable working in a fast-paced environment. Responsibilities: Process daily cashflow activity for all US fixed income and equity portfolios, including model cash allocations, cash rebalancing between strategies, and verification of data loaded into the Order Management System (OMS). Distribute daily cashflow notifications and updates to Portfolio Managers and Traders and serve as a central point of contact for their inquiries. Communicate with custodian banks (e.g., State Street, Brown Brothers, etc.) to confirm and reconcile subscriptions, redemptions, and resolve discrepancies. Perform daily reconciliation of cash exceptions and review trade breaks between internal platforms (e.g., Aladdin, Prism, RKS) and custodians, ensuring timely resolution. Provide Beginning-of-Day Portfolio Readiness (cash, transactions, holdings) to Portfolio Managers by reviewing reconciliation exceptions for both positions and cash. Facilitate onboarding of new business and portfolios, ensuring accurate and timely system setup. Monitor and review automated processes to ensure accurate data flow from external sources into internal systems. Leverage and learn accounting and operational platforms such as Prism and RKS, as well as custodian portals as required. Support process automation (e.g., Straight Through Processing), efficiency enhancements, risk mitigation projects, and participate in process improvements, including the use of AI and/or ChatGPT for efficiency. Qualifications Bachelor’s degree in Finance, Accounting, or a related field preferred. 1–2 years of relevant industry experience required. Familiarity with equity (preferred) and/or fixed income cashflows is a plus. Detail-oriented, process-driven, and capable of meeting daily operational deadlines. Technology savvy with strong proficiency in MS Office, especially Excel. Experience with BlackRock Aladdin or similar platforms preferred. Experience with custodian portals (State Street, Brown Brothers, etc.) a plus. Experience or interest in leveraging AI and/or ChatGPT for process improvement is a plus. Strong organizational, problem-solving, and communication skills. Ability to work independently and as part of a team in a fast-paced environment. Proven ability to work effectively with internal and external service providers. Neuberger Berman is unable to offer visa sponsorship for this position. Applicants must be authorized to work in the United States without the need for current or future sponsorship. #LI-KF1 #LI-Hybrid Compensation Details The salary range for this role is $75,000-$95,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law. Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com. Learn about the Applicant Privacy Notice.

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Responsibilities

The Senior Analyst will process daily cashflow activity for US fixed income and equity portfolios, including allocations and rebalancing, while verifying data loaded into the OMS. This role involves communicating updates to Portfolio Managers and Traders, reconciling cash exceptions and trade breaks between internal platforms and custodians, and facilitating new business onboarding.